Calculate what twelve additional planes should cost

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Suad Alwan, the purchasing agent for Dubai Airlines has found that the fourth plane it needed from a Brazilian manufacturer took that firm 20,000 hours to produce. Using an 75% learning curve and a $20-per-hour labor charge, Suad wishes to calculate what twelve additional planes should cost.

Time required for the twelfth unit= ___ hours?

Reference no: EM13761696

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